MBA Banking Admission 2023: This programme provides complete knowledge of the banking sector. It takes a total of 2 years to complete. It enhances students’ skills and abilities to handle banking work. Master of Business Administration includes topics such as economics, finance, banking management, and many other topics student study. Those who want to take MBA Banking Admission apply through entrance exams like CAT, XAT, CMAT, GMAT, etc.
A few subjects taught in this course are marketing management, legal & regulatory aspects of banking, customer relationship management, and so on. After acquiring the complete knowledge of this course, students can find jobs such as investment banker, financial advisor, cash manager, asset manager, etc.
Top Universities for MBA Banking Admission 2023: The Postgraduate degree program of Banking in MBA remains available for university students, e.g., Birla Institute of Management Technology, IGNOU, National Institute of Bank Management, LPU, Dr Dy Patil University, etc. The course has an average fee of INR 58K to INR 2.4L in private, state, and other universities.
MBA Banking Admission
- CAT Registration is now open for MBA Banking Admission 2023, The last date to apply is 13 September 2023. Check Now
- IGNOU Admission has started for the MBA Marketing course, Students can apply till 31 August 2023. Source
- MBA Marketing XAT Application form is live at the online portal. Apply till 31 December 2023. Source
Eligibility Criteria for MBA Banking Admission
Applicants can apply for MBA banking admission to the program by grabbing the eligibility below.
- A bachelor’s degree is the minimum qualification required to be eligible for admission to MBA Banking.
- The minimum score required for the candidates is 50%, with a 5% relaxation for SC/ST candidates.
- Entrance exams like MAT, CAT, XAT, CMAT or SNAP are accepted.
MBA Banking Admission 2023 Highlights
| Full Form | Master of Business Administration in Banking |
| Course Name | MBA Banking |
| Approved By | UGC |
| Duration | 2-Years |
| Course Level | Post Graduation level |
| Admission Process | Entrance exam based |
| Eligibility Criteria |
UG Degree with at least 50-55% marks
|
| Examination Type | Semester wise exam |
| Approx Fee | INR 58,000 to INR 2,40,000 |
| Average Salary | INR 3.5 LPA to INR 10.8 LPA |
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MBA Banking Admission 2023
For the current academic year, MBA Banking admissions are typically closed, with the exception of a few universities. Admission to the Master of Business Administration in Banking program is open at Sandeep University. The university is offering a chance for admission one last time online at sandipuniversity.edu.in
The last date for MBA in Banking online registration at Sandip University is September 15, 2023. The application fee for the MBA degree program in Banking is 1,000 Indian rupees at the university.
MBA Banking Admission may have ended at a number of universities, but this does not necessarily mean it will take a long time to reopen. It is expected that the universities or institutions, which include the Indian Institute of Management (Ahmedabad), Symbiosis Institute of Business Management, and Sharda University, will soon start accepting applications for their MBA programs in banking.
Prior to delving deeper into the article, it is imperative to comprehend certain MBA Banking Admission-related details regarding the Master of Business Administration program in banking, as outlined in the following recommendations:
- The basic criteria for MBA Banking Admission at any national or abroad-based institution or university is passing a bachelor’s degree in a related discipline.
- The procedures for university admissions are not uniform. While some universities emphasize entrance, others place more emphasis on prospective students’ academic achievement.
- Some universities offer study opportunities and admissions to MBA in Banking degree programs based on scholarships. A list of the best universities with a focus on scholarships is available to candidates ahead.
MBA Banking Eligibility Criteria
The following sections will provide more information about the requirements for admission to the two-year MBA in Banking program.
- A bachelor’s degree of three-year duration in banking, accounting, or equivalent subject from a globally recognized university.
- It is needed for aspiring students thinking of applying to the MBA in Banking degree program to pass the bachelor’s degree examination with a minimum of 50% or higher.
Passing any of the following management-level exams helps candidates get into the MBA in Banking entrance exam performance becomes crucial for admission to regular universities. The CAT, MAT, or CMAT are a few popular management entrance exams for admission to MBA programs in banking.
Master of Business Administration Fee
- Course Fee: The average fee range for MBA Banking courses charged by different universities/colleges is approx INR 58,000 to INR 2,40,000. But, we suggest checking the fee structure before applying to any university/college.
- Application Fee: Admission to MBA Banking is impossible without paying an application form fee. Thus, the application form fee for the banking program ranges from INR 450 to INR 4500.
MBA Banking Application Form 2023
Application forms for the MBA in Banking postgraduate degree program at the regular universities remain available in either of the following modes; online or offline. The correct submission of the application or registration form creates an opportunity for aspirants to proceed in the MBA Banking admission process.
It is possible for applicants to submit application forms for the MBA in Banking degree program by paying the application fee along with them. The application fee varies from university to university and is estimated at around 500-2,000 Indian rupees at private, state, and central-oriented universities.
Currently, the MBA Banking application form for registration is rarely available at universities except for Sandeep University. By visiting the university website, one can quickly submit an application. It is required of applicants to send in their application forms ahead of the deadline.
MBA Banking Syllabus
Below is given the semester-wise syllabus details of the MBA in Banking program.
| Semester I | Semester II |
|
Managerial Economics
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Project Management
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Communication Skill Development
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Business process modelling
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Corporate legal Environment
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Principles of Management and Organizational Behaviour
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Accounting for Managers
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Production Management
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Demand and Business Forecasting
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Business Communication
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Business Skills Development
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Business Policy and Strategic Management
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Management of Organizations
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Enterprise resource planning
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Quantitative Techniques & Methods
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Production Planning and Control
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| Semester III | Semester IV |
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Specialization Group D – Information Technology
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Specialization Group D – Information Technology
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Specialization Group B – Marketing
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Specialization Group B – Marketing
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Operations Management and Strategy
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Management of Banking and Insurance Companies
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Research Methods for Management
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Management of International Business
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Specialization Group C – Finance
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Specialization Group C – Finance
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Specialization Group A – Human Resource Management
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Specialization Group A – Human Resource Management
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Specialization Group E-Banking
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Specialization Group E-Banking
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Commercial Banking and the Role of RBI
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Project |
Scope of MBA Banking
Candidates who wish to work in the banking sector will be pleased with this program. The grip of academic excellence becomes more controllable after completing the MBA Banking Management program.
Students who complete the MBA Baning Management PG Degree and want to advance their academic knowledge can unquestionably pursue a PhD. The PhD helps to unlock the more locked doors for a better future.
Graduates with MBA in Banking have abundant choices in terms of higher education which further helps to broaden their knowledge in the field of banking and finance. There are several certificate courses available for students such as Risk Management Assurance, Information Systems Auditor, Chartered Financial Analyst, etc.
MBA Banking Job & Salary Offered
The professional arena does not shyly welcome MBA in Banking Management degree holders. Such candidates can work at profiles like financial consultants, bank managers, finance and research analyst, etc. The approximate salary package of Banking Management professionals is INR 3.5 LPA to INR 10.8 LPA.
Students after completing this course have several employment opportunities in the field of banking, financial services, and education institutions. They can work at different job profiles like Risk manager, Investment Banker, Finance director, Cash manager, etc. There are many companies that employ graduates from this course, some of the top recruiting companies are SBI, ICICI, AXIS, RBI, HDFC, etc.
Listed below are the details of these job positions:
Risk Manager: They are responsible for developing procedures and strategies to manage an organization’s risks. Further preparing risk models like credit & operational risks, business risks, and research & analytical support. Salary varies from organization to organization but is mainly dependent on skills and experience, the average annual salary is INR 4.80lacs.
Asset manager: They are responsible for managing assets for their clients and providing suggestions based on investment preference. Asset managers look after the needs, asset status, risks, goals, preparing reports, etc, which are some of the main tasks that performed by them. The average annual income for this profile is INR 5lacs.
Finance Manager: They make strategies, plan budgets, and make sure an efficient flow of work for their organization. Financial managers are also responsible for managing executive team members and providing financial advice that helps in the development and growth of the company. The average annual salary for this profile is INR 7.60lacs.
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Frequently Asked Questions?
Ques 1: What is MBA in banking?
Ans: An MBA in banking, or Master of Business Administration in Banking, 2 years programme. For this course to be successful, the primary objective is to provide the aspiring manager with managerial skills.
Ques 2: Which MBA College or institute is best for banking?
Ans: IIM Kozhikode, IMI New Delhi, IMT Ghaziabad, TAPMI Manipal, GIM Goa, and SSBF Pune are among the best MBA colleges in India for Banking and Finance.
